Quinte West Real Estate Statistics

Quinte West real estate average sold price in the last 30 days (October 22 - November 20) was $516,804, which is $26,575 (5.1%) lower than the average price of $543,379 in the previous 30 day period (September 22 - October 21), and $27,217 (5.3%) up from the same period 1 year ago ($489,587). Quinte West real estate prices over the last 30 days are also $12,784 (2.5%) lower than the average selling price of $529,588 over the past year.

Quinte West average sold price for homes was $519,661 in the last 30 days (October 22 - November 20), which is $49,126 (9.5%) down from the average home price of $568,787 in the previous 30 day period (September 22 - October 21), and $27,394 (5.3%) higher than the same period 1 year ago ($492,267). In the last 30 days Quinte West the average home price was $20,024 (3.9%) lower than the average selling price of $539,685 over the last 12 months.

Average sold price of Quinte West townhouse was $472,800 in the last 30 days (October 22 - November 20), up $22,800 (4.8%) from the average townhome price of $450,000 over the previous 30 days (September 22 - October 21), and $21,629 (4.6%) higher than during to the same period 1 year ago ($451,171). Over the last 30 days the average townhouse price in Quinte West was $48,108 (10.2%) lower compared to the average selling price of $520,908 over the last 12 months.

Average selling price for Quinte West real estate was $516,804 in the last 30 days (October 22 - November 20), which is collectively $11,811 (2.0%) lower than the average asking price of $583,960. This represents a decline of $4,386 (59.1%) compared to $7,425 (1.1%) Sold-Under-Asking price from the previous 30 day period (September 22 - October 21).

The maximum Sold Over/Under Asking ratio in Quinte West during the last 12 months was recorded in June, 2024 with an average of $1,428 under the asking price, while the minimum occurring in January, 2024 with $28,725 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Quinte West was 103.8% with 82 properties sold and 99 new properties listed in the past 30 days (October 22 - November 20). This represents an increase from 61.6% recorded during the previous 30 day period (September 22 - October 21), and an increase from 74.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Quinte West was 145.5% recorded in December and the lowest was in May at 48.9%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 82 properties that were successfully sold in Quinte West in the last 30 days (October 22 - November 20) was 20 days, which is 26 days less than 46 days average in the previous 30 day period (September 22 - October 21) and 25 days shorter than during the same period a year ago (45 days).

There were 115 delisted properties in Quinte West, those that got either Expired, Suspended or Terminated over the last 30 days (October 22 - November 20) with an average of 67 days on the market. This is 18 days shorter than the average of 85 days during the previous 30 day period (September 22 - October 21) and 12 days less compared to the same period last year average of 79 days on the market.

115 Quinte West properties that didn't sell stayed on the market 235.0% longer than 82 that sucessfully sold over the last 30 days - 20 days when sold vs 67 days when delisted respectively.

Average Days on the Market in Quinte West over the past 12 months for properties that have sold was 42.3 days, with 82.8 days for those properties that did not sell.

79 new properties were listed on the market in Quinte West in the last 30 days (October 22 - November 20). During the same time 82 properties were sold and 115 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 118 properties (or 149.4%).

During the previous 30 day period (September 22 - October 21) there were 99 new properties listed, 61 sold and 56 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 135 new properties listed, the slowest - December with 22 new listings and a yearly average of 95 new listings per month.

There were a total of 75 homes listed during the last 30 days (October 22 - November 20), which is 94.9% of all properties listed in Quinte West. This is a 13.8% decline compared with a previous 30 day period (September 22 - October 21) and 31.6% up from the same period a year ago. Over the past year an average of 88 homes are were listed per month.

2 condo units were listed in the last 30 days (October 22 - November 20) in Quinte West, which represents 2.5% of all new listings. This is down 80.0% from the prior 30 day period (September 22 - October 21) and 100.0% more compared to the same period last year. There were 4 condos listed per month on average during the last 12 months.

2 townhomes were listed over the last 30 days (October 22 - November 20) in Quinte West, which is 2.5% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (September 22 - October 21) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 3 a month.

There were a total of 77 homes sold during the last 30 days (October 22 - November 20), which is 93.9% of all properties sold in Quinte West. This is a 45.3% increase compared with a previous 30 day period (September 22 - October 21) and 79.1% up from the same period a year ago. Over the past year an average of 60 homes are were sold per month.

5 townhomes were sold over the last 30 days (October 22 - November 20) in Quinte West, which is 6.1% of all sold real estate. This is a 150.0% more than during the previous 30 day period (September 22 - October 21) and 66.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 4 a month.